Today, Bill Edwards announced that he has sold the Tampa Bay Rowdiesto Major League Baseball’s Tampa Bay Rays for an undisclosed sum. Management will transition at the conclusionof the season, at which time the Rays will also take over the existing contract with the City of St. Petersburg formanagement of the landmark Al Lang Stadium, where the team will continue to play matches.Rowdies VP & COO Lee Cohen will remain with the club. “I am incredibly grateful to Bill for the tremendousinvestment he has made in the Rowdies and Al Lang Stadium, and the passion he brought to the Tampa Bay sportscommunity and to the soccer community globally. I have spent some time with Matt Silverman and I look forwardto continuing to build on the successes we have had over the last five years and ensuring a seamless transition forour amazing supporters and fans.”Edwards purchased the team in December 2013 and has since invested millions of dollars in stadium renovations,player and coaching personnel, youth soccer development and more."The sale is bittersweet," said Edwards. "When I purchased the Rowdies, they were on the brink of bankruptcy;today they are Champions fighting for their rightful spot in the USL Playoffs. I saw the potential of the team andwhat it could mean for downtown St. Petersburg. I invested my blood, sweat, tears and money, and built anamazing staff that I could not be more proud of. The Rowdies have made great strides, truly becoming a key fixturein the community. I am grateful to the staff and players who have worked so hard, as well as the many sponsorswho have stuck with us over the past five years; and I am especially grateful to the fans. We have the best soccerfans in the world, and I don't want them to worry. The team is in great hands. I wouldn't have it any other way."Since Edwards’ acquisition of the Rowdies, ticket sales and attendance have increased dramatically, with homegames each bringing more than 5,500 fans to downtown St. Petersburg. The local business community has ralliedto support the team as well, with sponsorships climbing to unprecedented levels. The Tampa Bay United RowdiesYouth Soccer Club has expanded to serve more than 3,200 young players each year; and active affiliations withlocal Youth Clubs and Athletic Associations serve nearly 13,000 youth from age 3-19.Al Lang Stadium has also become home to professional soccer spring training, hosting the MLS SuncoastInvitational as well as the Florida Cup, bringing international teams and their fans to the St. Petersburg waterfront."We are committed to continuing the winning trajectory that the Rowdies have been experiencing under Bill'svisionary leadership," said Tampa Bay Rays President Matt Silverman. "The Tampa Bay Rowdies are a legendarysoccer team, and we look forward to extending their legacy and prominence. We are eager to get to know Ralph'sMob and all the Rowdies fans, to growing soccer in St. Petersburg and throughout Tampa Bay, and of course,bringing home a championship, which could be imminent."Edwards' Big 3 Entertainment will continue to produce the much-loved Al Lang Live concert series in partnershipwith Live Nation, and remains manager of the neighboring Mahaffey Theater. Edwards also owns and operatesthe Sundial lifestyle center.

Today, Bill Edwards announced that he has sold the Tampa Bay Rowdiesto Major League Baseball’s Tampa Bay Rays for an undisclosed sum. Management will transition at the conclusionof the season, at which time the Rays will also take over the existing contract with the City of St. Petersburg formanagement of the landmark Al Lang Stadium, where the team will continue to play matches.

Rowdies VP & COO Lee Cohen will remain with the club. “I am incredibly grateful to Bill for the tremendousinvestment he has made in the Rowdies and Al Lang Stadium, and the passion he brought to the Tampa Bay sportscommunity and to the soccer community globally. I have spent some time with Matt Silverman and I look forwardto continuing to build on the successes we have had over the last five years and ensuring a seamless transition forour amazing supporters and fans.”

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Edwards purchased the team in December 2013 and has since invested millions of dollars in stadium renovations,player and coaching personnel, youth soccer development and more.

"The sale is bittersweet," said Edwards. "When I purchased the Rowdies, they were on the brink of bankruptcy;today they are Champions fighting for their rightful spot in the USL Playoffs. I saw the potential of the team andwhat it could mean for downtown St. Petersburg. I invested my blood, sweat, tears and money, and built anamazing staff that I could not be more proud of. The Rowdies have made great strides, truly becoming a key fixturein the community. I am grateful to the staff and players who have worked so hard, as well as the many sponsorswho have stuck with us over the past five years; and I am especially grateful to the fans. We have the best soccerfans in the world, and I don't want them to worry. The team is in great hands. I wouldn't have it any other way."

Since Edwards’ acquisition of the Rowdies, ticket sales and attendance have increased dramatically, with homegames each bringing more than 5,500 fans to downtown St. Petersburg. The local business community has ralliedto support the team as well, with sponsorships climbing to unprecedented levels. The Tampa Bay United RowdiesYouth Soccer Club has expanded to serve more than 3,200 young players each year; and active affiliations withlocal Youth Clubs and Athletic Associations serve nearly 13,000 youth from age 3-19.

Al Lang Stadium has also become home to professional soccer spring training, hosting the MLS SuncoastInvitational as well as the Florida Cup, bringing international teams and their fans to the St. Petersburg waterfront."We are committed to continuing the winning trajectory that the Rowdies have been experiencing under Bill'svisionary leadership," said Tampa Bay Rays President Matt Silverman. "The Tampa Bay Rowdies are a legendarysoccer team, and we look forward to extending their legacy and prominence. We are eager to get to know Ralph'sMob and all the Rowdies fans, to growing soccer in St. Petersburg and throughout Tampa Bay, and of course,bringing home a championship, which could be imminent."

Edwards' Big 3 Entertainment will continue to produce the much-loved Al Lang Live concert series in partnershipwith Live Nation, and remains manager of the neighboring Mahaffey Theater. Edwards also owns and operatesthe Sundial lifestyle center.